Author: cointechies

AMP becomes the first Australian super fund to invest in Bitcoin, allocating $27 million. The investment represents just 0.05% of AMP's $57 billion in assets under management. AMP's move highlights the growing acceptance and adoption of cryptocurrencies as legitimate investments. The investment was made in May when Bitcoin was trading at around US$60,000 and has since increased in value by around 66%. This year was a year of firsts for Bitcoin. America's first spot ETF. For the first time, it exceeded US$100,000 (A$156,000). And now, Bitcoin has achieved yet another first – this time Down Under. Australia's multi-billion dollar super…

Bitcoin’s 142% rise in 2024 has increased investor interest in altcoins such as AAVE, LINK, and AVAX. President Trump's pro-crypto stance and the possibility of deregulation have raised expectations for ETF approval, pushing altcoins higher. AVAX and LINK expect significant price increases related to strategic alliances and market development. Alt-season vibes are evident in the crypto sector. As Bitcoin rises 142% in 2024, investors are turning their attention to cryptocurrencies that surpass BTC and ETH. And some of the biggest profiteers are no strangers to experienced crypto enthusiasts. On the 24-hour time frame, Aave (AAVE) is up 24%, Chainlink (LINK)…

Analysts at CryptoQuant suggest that Ether could surpass USD 5,000 due to strong institutional demand and increased network activity. Speculation is mounting that Microsoft will invest in an Ethereum ETF after it rejected a proposal to add Bitcoin to its balance sheet. Staking has the potential to lower Ethereum ETFs’ management fees and make them more competitive against Bitcoin ETFs, but SEC regulations currently hinder this development. CryptoQuant has released a report stating that Ethereum’s ETH could rise above US$5,000 (AU$7.8,000) thanks to institutional investor demand and network activity. The company said inflows into the Spot Ethereum exchange-traded fund (ETF)…

Ethereum price has started a decent rise above the $3,750 zone. ETH is consolidating gains and could aim for a move above the $3,980 resistance zone. Ethereum started a decent rally above $3,750 and $3,800. The price is trading below $3,800 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a bullish trend line has formed connecting at $3,840 as support. If the pair clears the resistance levels at $3,950 and $3,980, the pair could continue higher. Ethereum price exceeds Bitcoin Ethereum price remained stable and continued to rise above $3,750, outpacing Bitcoin.…

Bitcoin’s bullish trend continues, with it above USD 100,000, supported by consistent inflows into US ETFs. Discussions in the US are considering Bitcoin readiness, and Vancouver is incorporating Bitcoin into its financial strategy. BlackRock suggests that a 1-2% Bitcoin allocation can reflect the risk profile of a traditional 60/40 investment portfolio. Widespread adoption of Bitcoin could reduce its volatility, but also the potential for significant price increases. Bitcoin's strong year continues, with BTC hovering above US$100,000 (A$156,900) and US spot exchange-traded funds (ETFs) seeing net inflows for 11 consecutive days. There is. In addition to this, there are discussions about…

Bitcoin price struggled to break out of the $102,000 resistance zone. BTC is correcting its gains and may test the $97,500 support zone. Bitcoin started a downward correction from the $102,000 zone. The price is trading above $98,000 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), it broke below the connecting bullish trend line with support at $101,000. If it breaks above the $97,500 support zone, the pair could start a new rally. Bitcoin price falls again Bitcoin price has formed a base and started a new rally above…

Check out the latest information in Spanish. According to a report from crypto asset management company Signum, a “demand shock” driven by institutional investors could push Bitcoin (BTC) prices to new highs in 2025. However, altcoins may underperform due to factors such as reduced capital rotation from BTC to other cryptocurrencies. Bitcoin is likely to continue its momentum in 2025 In a report titled “Crypto Market Outlook 2025,” asset management firm Signum outlined several factors that are likely to push BTC prices even higher next year. The report highlights new capital inflows into the market, especially institutional investors, as a…

Introducing Samuel Edim, nickname – HIM-buktu. A Web3 content writer, journalist, and aspiring trader, Edyme is extremely versatile. With a flair for words and a keen eye for trends, he has written for numerous industry insiders, including AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme's foray into the crypto world is straight out of a movie. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that uses cryptocurrencies as payment got him in. Rather than retreat, he became wiser and more determined, parlaying his experience into more than three years of insightful market analysis. Before…

Republicans have selected French Hill as the new chair of the House Financial Services Committee. Hill is a crypto supporter and spearheaded the FIT21 bill to regulate cryptocurrencies. French Hill will succeed outgoing Chairman Patrick McHenry. Republican lawmakers on Thursday elected cryptocurrency advocate French Hill to chair the U.S. House Financial Services Committee, replacing the retiring Patrick McHenry. French Hill to lead Financial Services Committee under Trump administration The House Financial Services Committee announced Thursday that French Hill has been selected as its next chair. This is an important position that could help advance digital asset legislation. “I am humbled…

Fake Uber driver allegedly stole thousands in crypto  FOX 10 News Phoenix